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In 1790 stock traders were meeting under the trees on Wall Street in Philadelphia, clearly showing that stock exchanges have certainly come a long way since then. While it all began in Philadelphia, the center of the action moved to New York around 1817 and the name New York Stock Exchange was born. The [...]
It is a well known fact that the IRS 1031 has some major benefits for investors; however, there are other lesser known facts that can also be used to an investor’s advantage. One of those is the reverse exchange, a fairly recent development that allows investors to purchase their replacement property before selling their original [...]
When someone asks what a 1031 real estate exchange is, perhaps the simplest explanation is that it is when an investor can actually exchange one property or asset for another property or asset based on the Internal Revenue Service’s rules, regardless of whether the property is residential, office, industrial or retail. The 1031 tax free [...]
While most investors do know what an IRS 1031 is and what the major benefits are, many do not realize that there are also some lesser known advantages to this code. One of the additional benefits is a reverse exchange, which is a relatively recent development that allows investors to purchase a replacement property and [...]
The Starker Exchange Trust, or the 1031 exchange as it is also called, can be used by an investor who wishes to sell some of their investment property but they do not want to pay taxes on it. The 1031 exchange real estate deal will allow the seller to defer the taxes if they purchase [...]
